Dow Jones and Nasdaq extend rebound as CoreWeave shares jump
In short
The Dow Jones and Nasdaq kept recovering before an Nvidia sell-off. CoreWeave shares rose 24% on Wednesday after its third-quarter revenue grew 168% and it raised its full-year guidance.
Investors took CoreWeave’s strong results as a positive sign, which helped support market mood.
What the reporting says
The Dow Jones and Nasdaq extended their rebound before an Nvidia sell-off, while CoreWeave shares jumped 24% in regular trading on Wednesday. Strong commentary from CoreWeave helped keep market sentiment intact despite broader tech weakness.
Why it matters
The market move centers on US stocks, with the Dow Jones and Nasdaq extending gains while Nvidia weakness was looming. CoreWeave’s 24% jump, driven by 168% revenue growth and a higher full-year outlook, supported sentiment in the session. The brief indicates that investors were encouraged by the company’s results and guidance, helping broader risk appetite even as other tech names faced selling pressure.